Gongol.com Archives: March 2019

March 7, 2019

Threats and Hazards Why those artificial islands China is building are such a point of contention

Claiming territory in heavily-trafficked international waters makes for a big issue

Business and Finance Good intentions do not excuse bad economics

A writer argues in a Chicago Tribune op-ed that "Rent control can increase supply". This is utterly untrue: Effective price ceilings cause shortages, by their very definition. If the price ceiling isn't below the market rate, then it isn't "rent control". If the price ceiling is below the market rate, then by definition there will be a shortage of supply.

Business and Finance Trust matters if you're going to do business more than once

Sam Zell: "I like doing deals with the same people. You get to know each other and build a mutual sense of trust."